Brexit!

Discussion in 'BS Forum' started by Sundayjack, Jun 23, 2016.

  1. Sundayjack

    Sundayjack pǝʇɔıppɐ ʎןןɐʇoʇ
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    Results in a few hours. I was listening over lunch to a dude analyzing a late Ipsos Mori poll showing Leave up four points. He thinks the Remain campaign may have "over-egged the pudding." Heh. I wish so much I could be reborn as a stodgy Brit. Although, I also wish I could be reborn as a genteel southern plantation owner. Some deity with a twisted sense of humor made me a Jets fan instead. Bollocks.
     
  2. NotSatoshiNakamoto

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    Sounded like the smart money was on a stay result.
     
  3. Sundayjack

    Sundayjack pǝʇɔıppɐ ʎןןɐʇoʇ
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    Polls closed. Huge turnout. No results, but Farage says it looks like Remain has taken it.
     
  4. Yisman

    Yisman Newbie
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    I think remain was the heavy favorite at odds exceeding -400.
     
  5. Sundayjack

    Sundayjack pǝʇɔıppɐ ʎןןɐʇoʇ
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    It was. But skewed by several large late bets. I read that volume was running for Leave. Only fuels conspiracy theorists. Which is awesome.
     
  6. Jets Esq.

    Jets Esq. Guest

    What should be taken into account is that the polling on this is extremely shitty. The last nationwide referendum in the UK was in 1975; and that vote was on whether to join the EU. (It was called something else like the European common community or whatever.)

    For major US elections, we have polling data every 4 years; you ask people how old they are, their ethnic identity, age, and gender, and whether they voted last time. During the election, they take exit polling data to figure out which groups voted and at what rates. From that, they can then determine "If an 18 year old college student says they'll vote, there is only a 50% chance they'll actually vote." So next cycle, when you know much to discount what each group says.

    This is why polling has gotten dramatically more accurate. It's not just blindly tallying the number of votes on each side and presenting the raw data; you have to weight the results or your numbers will be garbage.

    For the Brexit polling, this critical weighting is impossible because the last national referendum was 41 years ago. Anyway, because margin of error could easily be 15%, it could be a landslide in either direction. Especially when you factor in the large number of "undecided" voters, even on the day of the election.

    Nigel Farage did say that it looks like Remain will edge out Leave... but I'm not sure if the exit polls are out. I'm not sure what he's basing that off of.
     
  7. Yisman

    Yisman Newbie
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  8. Sundayjack

    Sundayjack pǝʇɔıppɐ ʎןןɐʇoʇ
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    Sunderland comes out huge for Leave. Larger margin than expected.

    Pound suffers HUGE drop in just the last few minutes. Traders dumping. Interesting. ...
     
  9. Sundayjack

    Sundayjack pǝʇɔıppɐ ʎןןɐʇoʇ
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    This is pretty friggin fascinating to me. Remain folks are now worried about losing (or barely winning) Wales, and how that could be a sign so disaster to follow.

    Meanwhile, following the odds at Ladbrokes, there's been a strong shift toward Leave over the last hour. Just in the last 30 minutes, it's gone from:

    In: 2/5
    Out: 7/4

    to

    In: 1/2
    Out: 6/4

    to

    In: 8/15
    Out: 11/8
     
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  10. NotSatoshiNakamoto

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    wow
     
  11. NotSatoshiNakamoto

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  12. Dierking

    Dierking Well-Known Member

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    Sound like a Monty Python sketch.
     
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  13. Sundayjack

    Sundayjack pǝʇɔıppɐ ʎןןɐʇoʇ
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    Talk about Monty Python - I've been glued to SkyNews, and just watched some dude do a segment where he pointed out how Sunderland went 61-39 as did some haggis-eating shithole in Scotland. Showed them both on the screen with the same percentage, but then pointed out - "But here's the key difference: there are more than twice the number of voters in Sunderland than there are in Shitston." Nice.
     
  14. Sundayjack

    Sundayjack pǝʇɔıppɐ ʎןןɐʇoʇ
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    And mark the time - 8:45 EST and the tone of SkyNews has definitely shifted to where the commenters now definitely seem to be suggesting Leave will win this. They're using northeast Labour strongholds going heavy for Leave as a bad, bad sign.

    Of course, I'll forget all this nonsense tomorrow. Interesting for the moment, though.
     
  15. Sundayjack

    Sundayjack pǝʇɔıppɐ ʎןןɐʇoʇ
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    And Ladbr0kes odds shift again.

    In: 4/7
    Out: 5/4
     
  16. Sundayjack

    Sundayjack pǝʇɔıppɐ ʎןןɐʇoʇ
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    More results for Leave. Ladbrokes shifts again.

    In: 4/6
    Out: 11/10

    EDIT: and again...

    In: Even
    Out: 8/11

    Remain folks must me yoorintating their knickers.
     
  17. abyzmul

    abyzmul R.J. MacReady, 21018 Funniest Member Award Winner

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  18. Sundayjack

    Sundayjack pǝʇɔıppɐ ʎןןɐʇoʇ
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    Edit: Leave takes over as the betting favorite.

    In: 5/4
    Out: 4/7


    Pretty amazing. Still only a fracti0n of results reporting.



    EDIT; 9:22pm EST

    In: 7/4
    Out: 2/5

    Crazy how odds have turned entirely on their head.
     
    #19 Sundayjack, Jun 23, 2016
    Last edited: Jun 23, 2016
  19. Sundayjack

    Sundayjack pǝʇɔıppɐ ʎןןɐʇoʇ
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    That one is way better than the Guardian tracker I've been watching. Although, the Guardian has an awesome cartoon of Boris Johnson looking like a blond, fat Moe Howard.
     

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